GE Says Wendt's Departure
Won't Initiate Big Changes

Gary C. Wendt's first divorce might have created a big stir. But General Electric Co. insists his latest one will cause barely a ripple.

GE confirmed Tuesday that Mr. Wendt, who gained a high public profile during his 1997 divorce from his first wife, had "agreed to resign" from the helm of its financial-services unit, GE Capital Services, after 12 years. Mr. Wendt will be replaced by Dennis D. Dammerman, who had been GE's...